Enacts the "teardown tax act"; establishes a dwelling unit removal surcharge on the conversion of multiple dwelling units into single-family dwellings in the city of New York.
Permits libraries occupying or possessing public land to develop, lease, or use such property for the purposes of constructing affordable, mixed-use housing; provides that such use aligns with libraries' educational purposes, represents a valid exercise of the trustees' power, and is in the best interests of the libraries.
Authorizes cities and towns, except a city with a population of one million or more, to establish community housing funds; authorizes such cities and towns to impose a real estate transfer tax with revenues to be deposited in such funds; makes related provisions.
Requires property owners to dedicate certain residential units to rent regulated status following demolition and new construction or substantial renovation.
Relates to priority applicants and inspection of units under the housing access voucher pilot program; provides that priority shall be given both to applicants who are homeless and who are at risk of losing their federal rental subsidy; provides that housing access voucher local administrators shall inspect units for which a housing assistance payment contract is established.
Creates shared housing rooming units in new class A multiple dwellings or buildings converted to class A multiple dwellings; creates new regulations in the New York city building codes.
Establishes the block by block homeownership program to provide capital subsidies for the purpose of constructing, preserving, and rehabilitating one- to two- family dwellings throughout the state, outside of NYC.
Prohibits temporary major capital improvement increases for buildings where the owner has demonstrated a pattern of violations unless the applicant shows by clear and convincing evidence that the proposed improvement will directly and substantially remedy those violations.
Provides penalties when a landlord of a residential premises refuses to rent to a potential tenant on the basis that the potential tenant was involved in a past or pending landlord-tenant action or summary proceeding.
Requires community median income be used by certain affordable housing programs in a city having a population of one million or more; requires affordable housing programs using state funding to cover 33 percent or more of the construction costs of a building or buildings to use community median income to determine income eligibility and rent levels; exempts programs utilizing federal funding.